Net Worth
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $650 million | – | June 27, 1949 | United States | Female | – | Fashion Designer | American |
Highlights
Vera Wang is an American fashion designer and former figure skater with a net worth of $650 million dollars. She is widely recognized for her wedding gown designs, which have been worn by numerous celebrities. Wang has also designed houseware, shoe, fragrance, eyewear, and jewelry collections.
Early Life
Vera Wang was born on June 27, 1949 in the United States to parents Florence Wu and Cheng Ching Wang. Her mother worked as a translator for the United Nations, and her father was the owner of a medicine company. Wang began figure skating at the age of 8 and competed at the U.S. Figure Skating Championships. She attended Friends Seminary and then transferred to the Chapin School, graduating in 1967. Wang pursued a degree in art history at Sarah Lawrence College, graduating in 1971.
Career
After graduating from college, Wang worked as an editor at Vogue, becoming the youngest editor in the magazine’s history. She then worked at Ralph Lauren before starting her own design label at the age of 40, focusing on bridal wear. In 1990, she opened her own boutique in New York City. Wang has expanded her boutiques to cities like London, Tokyo, and Sydney. She has also launched different collections and collaborations, including designs for the home and a retail line called Simply Vera in collaboration with Kohl’s.
Wang has designed wedding dresses for numerous high-profile figures, and her evening wear has been worn by individuals like Michele Obama, Viola Davis, and Sofia Vergara. She has also designed costumes for figure skaters in the Olympics and was inducted into the U.S. Figure Skating Hall of Fame in 2009. Wang has received several awards and honors throughout her career.
Personal Life
In 1989, Wang married Arthur Becker, an investor. They adopted two daughters together and raised them in New York. The couple announced their separation in 2012. Wang now resides in her childhood home in Manhattan, as well as having homes in Paris and California.
Net Worth Over Time
Vera Wang’s net worth has steadily grown over the years, reaching a staggering $650 million. As a successful fashion designer with a highly sought-after brand, Wang has been able to amass considerable wealth through her various collections and collaborations.
Components of Net Worth
Vera Wang’s net worth primarily comes from her fashion empire, which includes her bridal wear, evening wear, and various other collections such as houseware, fragrance, eyewear, and jewelry. Her popularity among high-profile figures and celebrities has contributed significantly to her success and financial wealth.
Additionally, Wang has expanded her brand by partnering with retail stores such as Kohl’s and David’s Bridal, making her designs more accessible to the general public at affordable prices. These collaborations have further boosted her net worth by reaching a larger consumer base.
Overall, Vera Wang’s net worth is a result of her talent, hard work, and entrepreneurial spirit in the fashion industry. Her ability to create designs that resonate with customers and her business acumen have allowed her to build a successful and lucrative brand.
Disclaimer: All net worths mentioned in this article are calculated based on public sources and estimates. The accuracy of these figures may vary.